Petrol Now Sells For N535 Per Litre in Ghana, As Economy Crisis Worsen

Category: Africa News

People who could not bear the throes of an economic meltdown with spiraling inflation trooped to the streets on Tuesday.

Hundreds of Ghanaians joined an authorized two-day protest led by local lobby group “Arise Ghana” to denounce the economic hardships, social media and Ghana News Agency footage showed.

Police in Accra clashed with hundreds of demonstrators, who had strayed out of the approved route for the marchers.

A senior Arise Ghana member Sammy Gyamfi said police used teargas, rubber bullets and hot water when the crowd veered off the proposed route.

The Ghanaians were protesting against fuel price hikes, a tax on electronic payments and other levies as the country grapples with an economic downturn.

A litre of petrol in Ghana as of 20 June 2022, stood at 10.23 Ghanaian cedis (GHS), corresponding to roughly 1.29 U.S. dollars. In Naira terms, it is N535.50.

Ghanaians in recent months have been feeling the pinch of record inflation and the fallout of the Ukraine war amid cuts in government spending to avoid a full-blown debt crisis.